Warnaco's Formidable CEO Wachner
Sees Company Through Turbulent Times

ANY OTHER CAPTAIN might be tempted to jump ship. But as the seas grow ever rougher at Warnaco Group Inc., Linda Wachner's determination to plow on has only intensified.

Things started to get ugly last May when the venerable apparel company, which makes lingerie, jeans and sportswear under familiar names such as Ralph Lauren, Speedo and Olga, was sued by its biggest licensee -- Calvin Klein Inc. -- which accused Mrs. Wachner personally on nine counts ranging from breach of fiduciary duty to deceptive acts. Although a...